Environmental Networking Platform for Children and Youth by SAMSUNG E&A
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[April Free Report] Renewable Energy Development |
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by Polina Postnikova | 18-05-2023 20:21
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The development of renewable energy over the past ten years has continuously and substantially surpassed almost all expectations. But this growth story is really just beginning. Renewable energy, headed by wind and solar, is poised to become the mainstay of the global power supply as nations strive to meet aggressive decarbonization targets. New types of businesses are joining the market, along with capacity expansions from significant energy providers. Major oil and gas companies, private equity players, and institutional investors who prioritize renewable energy as a key component of their investment strategies are just a few of today's fast followers. These companies want to change their business models so they can benefit from the increased demand for renewables and the electrification of vehicles.
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2 Comments
Hello again, Polina! This is your mentor James.
In this report, I think you've emphasized renewable energy transition, which I totally agree with. Transition from fossil fuel to renewable energy as our source of power would let our society be free from limited energy sources and curb further release of carbon materials to the atmosphere. Also, using the clean energy as our fuel for transportation and heating would also greatly contribute in restoring air quality.
Thank you for your fantastic work! Let's keep it up with your next report as well.
Posted 30-05-2023 13:01
Hello Polina! Again, this is your mentor Yewon.
In this report, you have explained renewable energy development, which is a very important issue regarding the environment.
Renewable energy is developing continuously, but there are still some difficulties to increase the use of renewable energy.
I think more effort should be done in order to increase the use of renewable energy.
Thank you for your informative report! Great job!
Posted 28-05-2023 04:20